Sistema Capital is a management company that invests and provides asset management services on global financial markets for individual and corporate customers.
For more than 17 years, the company has been offering investment products in both Russian and foreign markets: bonds of Russian and foreign issuers in various economic segments and geographies, as well as securities in a broad geography and derivative financial instruments.
As of the end of 2017, Sistema Capital had about RUB 52bn in assets under management, an increase of 2.2 times from 2016 and 4.9 times from 2014. The company is ranked No 7 in Russia for the net asset value of its mutual investment funds, with an aggregate NAV of RUB 9.1bn as of the end of 2017.
Mutual rouble bond funds managed by Sistema Capital demonstrate leading yields among similar Russian funds, with net asset value from RUB 50m. At the end of 2017, the Sistema Capital Mobile. Bonds fund was ranked No 1 (with a yield of 15.1%) and Sistema Capital Reserve, No 3 (14.3%). Mutual foreign currency bond funds managed by Sistema Capital are ranked among Russia's top 10 similar funds for yields, with NAV from RUB 50m. Sistema Capital Mobile. Bonds. FX is ranked No 3 (with a yield of 5.8%) and Sistema Capital Reserve. FX, No 6 (5.2%).
RAEX (Expert RA) rating agency has confirmed Sistema Capital's rating at A+, with a stable outlook. The rating agency acknowledged the efficient organisation of the management company's investment process and the high quality of assets under management. The company cooperates with three non-government pension funds, including Sberbank's Pension Fund, under trust management agreements. In 2017, Sistema Capital became a full-fledged player on the Moscow Exchange and got direct access to the foreign exchange and the stock market. This enabled it to expand and improve the services offered to the customers.
In 2017, Sistema Capital started offering its investment products in the retail segment, actively cooperating with MTS, which owns 30% of the company's authorised capital. A service for investing in mutual funds is being integrated into the MTS Money Wallet application.
In 2018, Sistema Capital expects to see a growth of its assets under management, driven by a more active flow of assets from bank deposits to management companies due to the ongoing decrease of deposit rates.
The strategic goal of Sistema Capital is to develop a high-quality investment management company, oriented towards private and institutional investors (Retail Online, HNWIs, non-government pension funds), combined with management of Sistema Group's liquidity and investment of the Group's cash in liquid securities with various risk levels.